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Number of Beds 350 Total inpatient Admissions 12,000 Total outpatient visits 90,754 Total patient revenues $111,900,050 Outpatient mix 16.296 Medicare payment percentage 25.096 (revenues) Average Length of Stay 3.8 days Net price per discharge $7,653 Cost per discharge $6,292 a. What is the hospital's profit per discharge? b.What is the hospital's total inpatient and total outpatient revenue? (Hint: Apply patient mix metrics to total revenues.) c. What are the hospital's total revenues from Medicare Patients? The Operating Plan A. often called the five-year-plan, contains more detailed information than does the strategic plan. B. often called the 10 year-plan, contains more detailed information than does the strategic plan. QC. often called cost containment plan. D. often called the strategic plan. The term Healthcare Finance is A. is used to estimate the volume needed (or the value of some other variable) for the organization to break even in profitability. B. the accounting and financial management principles and practices used within health care organization to engure the financial well being of the enterprise. OC. sometimes called cost-volume-profit (CVP) analysis, is an analytical technique to determine the effects of volume changes on revenues, costs, and profit. D. the accounting principals that encompasses services provided to non institutional patients. ich h s.ph Ambulatory Care , also known O A. as third party payers that do business in ambulatory surgery centers, urgent care centers, diagnostic imaging centers, rehabilitation/sports medicine centers, and clinical laboratories. B. as manged care , encompasses services provided to institutional patients. Outpatient settings include medical practices, hospital inpatient patient departments, ambulatory surgery centers, urgent care centers, diagnostic imaging centers, rehabilitation/sports medicine centers, and clinical laboratories. C. as hospital inpatient departments, ambulatory surgery centers, urgent care centers, diagnostic imaging centers, rehabilitation/sports medicine centers, and clinical laboratories. D. as outpatient care, encompasses services provided to non institutional patients. Outpatient settings include medical practices, hospital outpatient departments, ambulatory surgery centers, urgent care centers, diagnostic Imaging centers, rehabilitation/sports medicine centers, and clinical laboratories. ses se litiona ents, bulato und spot al grow ated in